Generics — the answer to high drug costs and associated fees
If you have never used generic drugs before, then it’s time to learn more about this category of drugs. Many fear that generics are dangerous fakes that can be harmful. However, this is an erroneous opinion. Generics are copies of patent medicines that have undergone many clinical trials. They have the same active ingredients and similarly act on human health. Generics may differ slightly in name and packaging from the original drug. Such alternatives can be legally introduced after the patent for the original drug becomes invalid.
Why buy generics?
There are many advantages to generics. These drugs work identically to branded drugs. There is no difference in safety efficacy between the original drugs and such copies. The undeniable advantage is the price. Generics are much cheaper since without a patent the price is often reduced by several times. Customers often ask: why are generics so inexpensive? Many believe that once a drug is made using high standards of materials and manufacturing, it can no longer be made available. Although they are wrong. It’s time to clarify the situation. The price of the drug is affected not only by the composition. A lot of money and time is spent developing the formula, testing the drug, and obtaining patents. This further affects the price of the original drug. However, generic companies do not invent new drugs, they use formulas invented by the original manufacturers. In addition, most of the generics offered on the world market are produced in developing countries, where wages and prices are minimal.
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